10/05/12
Marketplace for Friday, October 5, 2012
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Episode Description:
Former GE top dog Jack Welch has implied that President Obama cooked the books when it comes to the new jobs numbers -- but how would one go about doing that? The popularity of Toys 'R' Us’ layaway program has caused a run on some popular toys for the upcoming holiday season. California's gas prices jumped a whopping 20 cents overnight. The government has hired a PR firm to promote and explain all the complicated details of the health care plan. And the Wealth & Poverty Desk visits a workshop that lets you simulate living in poverty.
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Jobless rate below 8%, candidates vague about jobs in debate
Reviewing the week's headlines on Wall Street and beyond. This week: debating jobs. The new numbers and the presidential candidates' vague answers of what policies they'd use to boost employment.
3
Could the jobs statistics be rigged?
The unemployment numbers pass from Census surveyors to career civil servants at the Bureau of Labor Statistics to the political appointees in the administration. But safeguards to protect the integrity of the data abound.
0
The economy is like a rollercoaster
The economy is like a rollercoaster, asserts the Funny or Die "news" team. But who is running this rollercoaster? And why have we been stuck on the screaming on the way down part for such a long time?
0
Stores expand holiday layaway options
Slow economic recovery means layaway is thriving.
0
Insurance exchanges get the PR treatment
The federal government has signed on with an ad agency for a $3 million campaign to promote insurance exchanges.
0
California, all of a sudden, hits $5 gas
California discovers how close it lives to a tipping point when refinery problems combine to create a sudden gas shortage and a spike in prices.
2
Monopoly the movie?
Unfortunately, "Battleship" wasn't the last board game-turned-movie.
5
Pretending to be poor can change your perspective
Poverty simulation exercises confront participants with empty wallets, tough choices, and a better understanding of low-income people.
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